Cape Town - The Australian Rugby Union (ARU) has announced that it sustained a A$6.3 million deficit for 2014.
The organisation released its annual report for 2014 via a press
statement on their official website and revealed the huge loss and that
it achieved an underlying business surplus of A$700 000.
This was achieved "in a year that focused on driving a sustainable
future for the game, through direct grants to member unions and the
delivery of national programs," the statement read.
The ARU also announced that it would now seek feedback from the
game's supporters and stakeholders to drive its next five-year strategy
and future investment at all levels of the game.
This will include the opportunity for members of the public to
provide their views on the future direction and priorities for rugby,
with the ARU to embark on an extensive consultation process with rugby
stakeholders and fans in coming months.
ARU chairperson Michael Hawker said the process to collate feedback is
already underway, with CEOs of Member Unions and Super Rugby clubs
taking part in a strategy workshop on Tuesday.
“With our new broadcast deal nearly finalised, we’re confident we
will have a secure financial future for our game," he explained.
"We see our strategy moving from providing financial security to
judicious investment to grow rugby, and we’re keen for our fans and the
rugby community to contribute to our future strategy.
“This is a terrific opportunity for the rugby community to work
together and establish our priorities to grow the game over the next
five years, drive deeper engagement with our fans and create elite teams
that win on the world stage.
“We saw an unprecedented level of cooperation across all levels of
rugby in 2014 to make significant progress towards building a strong
financial future, while continuing to attract more people to rugby.
“We want to use this momentum to ensure our future direction and
investment reflects the needs of our stakeholders, players and fans.”
The report also revealed that the game had grown in Australia by 12
per cent compared to 2013. The organisation also made an investment of
A$3.7m in direct grants to member unions to develop grassroots rugby, in
addition to A$4.3m provided in funding for the delivery of ARU programs